Is Bitcoin's whale accumulation enough for a bull run?

2023-10-30 20:30

BTC’s exchange reserve was increasing at press time.  Bitcoin’s derivatives metrics also gave a bearish notion.  After a comfortable week-long bull rally, Bitcoin’s [BTC] growth momeThe post Is Bitcoin's whale accumulation enough for a bull run? appeared first on AMBCrypto.

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Bitcoin (BTC) на Currencies.ru

$ 96359.83 (-1.06%)
Объем 24H $99.063b
Изменеия 24h: 1.58 %, 7d: 9.18 %
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Bitcoin Price Fall Increases Buying Momentum, Pushes Exchange BTC Balances To 6-Year Lows

Following a major price decline in Bitcoin (BTC), market sentiment dropped back to strong levels of fear, indicating that investors are becoming increasingly cautious and risk-averse. Despite this trend, on-chain data analytics provider CryptoQuant has revealed a significant increase in BTC buying momentum, resulting in the Bitcoin balances on various exchanges dropping to six-year lows.

2024-10-6 07:00